Why McCain Goes Easy on Fannie and the CRA (Pull-Your-Hair-Out Alert)

US News & World Report ^ | 10/3/2008 | James Pethokoukis

[frithguild]

Don’t lose hope. “Go ugly early” is a losing strategy.

[McCoMo]

D.C. needs an enema.

[epluribus_2]

McJoker to the rescue?

[jennyjenny]

That’s over the top. You should ask the mod to delete it.

[Uri’el-2012]

At least the weather is nice here in Salida.

[Safetgiver]

He’s a moderate....No direction, no core beliefs and no fire. Saracuda, however...

[McCoMo]

Perhaps, but it would be the best thing to happen to the nation.

[goldstategop]

I can't complain about life in our neck of the woods. The vote reminds me how little relevance Washington has to our lives apart from extracting money from us.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[dr_who]

Well, I hope McCain’s crack team of crackheads is out on the streets by December with signs saying “WILL REACH ACROSS THE AISLE FOR FOOD”. The RINO population needs a culling.

[dr_who]

Come January, the grassroots will be all we have. But that’s not an entirely bad thing.

[WOBBLY BOB]

I concur with your statement.

I hold little hope that McCain will slam them on this.

He’s too busy being ‘bipartisan’ and such.

[nathanbedford]

Whoever writes, The Making of the President 2008, perhaps Bob Woodward, the inflection point in the campaign will be identified as the financial crisis and how John McCain mishandled it. It will be compared to John F. Kennedy's telephone call to Martin Luther King in jail and the television debates of 1960, as a tipping point.

An honest analysts would also consider how it was simply unnecessary for Barak Obama to take any risks in the crisis because he was protected by the media.

The study must explain why McCain inexplicably shrank from exposing the tentacles of corruption which embraced Obama and his Democratic gang extending all the way back through Acorn to Fannie Mae. The writer should note that, because the media stonewalled any attacks on the Obama myth, no exposure of the Democrats' corruption could break through unless McCain himself made the case personally and forcefully. The book will detail how McCain persisted in his detachment even as the polls made clear the inevitability of his defeat.

[roses of sharon]

The MSM will defeat McCain on the Fannie Freddie facts.

Just as they defeated President Bush on Iraq, and a million other issues.

The MSM/DNC/Hollywood/Academia war room is TOO POWERFUL TO DEFEAT.

Our only chance is hoping that enough Americans do not trust Hussein.

[Aria]

Some Maverick. It isn't as though McCain will get any minority votes by not talking about CRA but he might gain a bunch of votes by telling the truth about CRA.

Are we just supposed to accept paying for free houses - or principle amounts reduced by judges for minorities only? What do we expect to happen when the producers - the ones who actually work to get ahead- are no longer in the majority? Zimbabwe?

[McCoMo]

The democrat idea of bipartisan is “You vote yes on our proposals, and we will let you take the blame when things go bad”.

[scory]

Up until about two weeks ago The McCain campaign had been running much more effectively than I think anyone thought they would. They had pulled even with or ahead of Hussein in most polls and the addition of Governor Palin had cemented the base and generated real enthusiasm for the ticket. Then came this economic mess and it is obvious the campaign had not anticipated anything like it and had no plan for handling it. So they winged it and and did poorly in the process. The result is Hussein up by 6-8 points in most polls as of yesterday.

But the timing is off for Hussein. The House just passed the “bailout” and markets are moving up. Dimrats profit from chaos as the leftist propaganda media will invariably spin any calamity as the GOP’s fault in general and McCain’s fault in particular. But they may be getting enough of a fix in to stave off further violent swings in the markets for the next few weeks. Note that dimrats actually take a big risk with their congressional and senate races when they play these games. If they get people too angry the attitude becomes one of “throw the bums out” regardless of party and this hurts them in the House. So they have to come up with something that will stabilize things in the period just prior to the election while painting themselves as saviors and the GOP as the villains.

But stability favors McCain because stability gives the electorate the time to more closely examine Hussein. And the more familiar they become with him the less they like him as shown in the primary races with Hillary! and in the 60 days prior to the economic “crisis”. Add to this that if economic news starts to recede news from abroad starts to filter in and if anything happens that shifts attention overseas this favors McCain.

Then there is the Palin phenomenon. The conventional wisdom is that the VP nominee isn’t much of a factor in the presidential race. But this year I do not think this applies. I think that Governor Palin has been and will be a major factor in this race. The dimrats certainly think so otherwise why all this sturm und drang about her? Note that with one 90 minute appearance last night the economic news is suddenly rather muted while all anyone seems to be able to talk about is Palin. She was at the center of the race from the announcement of her candidacy until the “crisis” grabbed all the headlines. As the “crisis” recedes she is again in the headlines. I don’t think this will fade as much as others because the right is enamored of her and wants more and more exposure of her and the left is terrified of her and, by their unending invective and frothing derangement, will provide even more exposure which sane people see as more an endorsement than a liability. Plus the derangement on the left tends to stain Hussein and the dimrats in general and is a net negative for them in my estimation.

Finally, I think that McCain being as close as he is in the polls after all the chaos and unrelenting attacks by the leftist propaganda media is bad news for Hussein. Hussein should be up by a dozen points at least. Instead the polls have held pretty steady for the past few days. It is hard to imagine a less favorable period for McCain than the last two weeks and yet he is still in the race. And we don’t know yet, really, what effect Palin’s performance last night will have but whatever it is it won’t be negative.

So, in my usual long-winded way I am saying that I think the McCain campaign will get back on stride; that they had been doing rather well before the “crisis” and that they will likely go back to doing rather well after; that Palin is more important than the conventional wisdom thinks; and that Hussein is - in the final analysis - not that attractive to anyone outside the far left of the dimrat party and that he will sink as more people pay closer attention to him.

[joe fonebone]

i agree........the only ones that are going to yell race are the ones that will not vote for a republican ever...so take off the damn gloves already

[Uri’el-2012]

$150/$100000/year in NEW real estate taxes for IT in Salida Schools on the ballot.

[Churchillspirit]

Unkind and uncalled for.

[goldstategop]

You know.... in the end it will all come down to how much the base fears Obama. There's no love lost on McCain and he shouldn't delude himself into thinking its going to be a vote for him.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus